Which of the following is a depository-type of financial institution: a. mutual fund b. insurance company d. investment firm savings institution What is the effective yield the investor would expect if the tax rate of the investor is 30% & the nominal yield offered on a taxable investment is 16%? 4Government securities are considered default free (risk free) because (one best answer): a. the government never lies D the government has never defaulted; . the government can always raise taxes or print the money d. there is no fault found in the products produced in America. 5. Fhe store of value purpose for money: b. is harmed by inflation a. is aided by inflation c. is not considered a serious issue d. implies automatic growth. 6 Given a 40% tax bracket and 7% offered ona municipal issue, the effective rate is: 31. 21. #7 Given a 40% federal tax bracket and 8% offered on a treasury issue, the nominal rate on a corporate issue to equal the treasury rate is: 8. Historically, as opposed to currently, the largest source of funds for banks was iecking acounts savings deposits traai enostp tis 6 transaction deposits; savings deposits a. checking accounts; savings deposits ounts d. checking deposits; time deposits